You might not consider Pandora (NYSE: P ) and Netflix (NASDAQ: NFLX ) as obvious competitors, but as more and more media companies begin to compete for your consumer dollars, attention, and time, it becomes more clear. At a time when Pandora is still trying to figure out how to maximize profits and Netflix is fending off challenges from Amazon (NASDAQ: AMZN ) Prime and the alliance between Verizon (NYSE: VZ ) and Coinstar (NASDAQ: OUTR ) , media is becoming increasingly competitive.
In the video below, Fool.com contributor Doug Ehrman discusses the relative value of the two services and why the comparison is important.
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.